Funding you earn now, next payment 10:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h −0.004%
Price spread now: Variational Omni against Ondo Perps+0.124%51s7-day average +0.099% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.013%−$1 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.124%, 7d avg +0.099%
=Together, before fees+0.001%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.025% dearer against Ondo Perps than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.099%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HOOD-USD.P | 122.31 | 0.0050 | pay 0.0006% / 1h | 3m 45s | $1.3M | $1.2M | 15x |
| Short | Variational Omni HOOD | 122.46 | 0.0058 | get 0.0058% / 8h | 6h 03m | $2.3M | $906K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.49
- Price spread: +0.124% → +0.099%
- $2.5
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$1.01
- Costs to cover
- 0.050%
- Break-even
- 11.7 days
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 3.19 bp | doesn't fit | 18.3 bp −$183 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HOOD on 30 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.18 | −0.106% | $110K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.10 | −0.172% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.13 | −0.147% | $582K | $6.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.21 | −0.082% | $5.6M | $9.1M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.28 | −0.025% | $1.0M | $7K | 10x | as long as short |
| Bybit HOODUSDT | +0.0027% | 8h | 122.16 | −0.123% | $3.7M | $7.4M | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.29 | −0.016% | $1.1M | $1.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.16 | −0.123% | — | $64K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.17 | −0.114% | $253K | $338K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.27 | −0.033% | $728 | $4K | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps HOOD-USD.Plong | +0.0050% | 1h | 122.31 | long leg | $1.3M | $1.2M | 15x | |
| Variational Omni HOODshort | +0.0058% | 8h | 122.46 | +0.124% | $2.3M | $906K | — | |
| QFEX HOOD-USD | +0.0062% | 1h | 122.28 | −0.025% | $1.3M | $2.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.34 | +0.022% | $73K | $113K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.26 | −0.041% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.18 | −0.106% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.27 | −0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.29 | −0.020% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0171% | 1h | 122.17 | −0.114% | $51.5M | $25.5M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0176% | 1h | 121.81 | −0.409% | $229K | $1.6M | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 122.31 | 0.000% | $28K | $239K | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0200% | 1h | 122.12 | −0.155% | $427K | $2.5M | 10x | as long as short |
| Binance HOODUSDT | +0.0204% | 8h | 122.16 | −0.125% | $21.3M | $87.4M | 20x | as long as short |
| Lighter HOOD | +0.0208% | 1h | 122.27 | −0.036% | $2.9M | $3.0M | 10x | as long as short |
| edgeX HOODUSDC | +0.0224% | 4h | 122.16 | −0.120% | $368K | $303K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0315% | 8h | 122.47 | +0.131% | $175K | $181K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0424% | 8h | 122.39 | +0.066% | $859K | $1.7M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.69 | −0.507% | $28K | $96K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0568% | 1h | 122.35 | +0.033% | $6K | $41K | 10x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 122.40 | +0.073% | $438K | $1.3M | 10x | as long as short |
Variational Omni HOOD
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Bybit HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
tradeXYZ xyz:HOOD
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Extended HOOD_24_5-USD
Binance HOODUSDT
Lighter HOOD
edgeX HOODUSDC
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC